Yahoo Shares Fall Sharply On Report That It May Incur Higher-Than-Expected Tax Bill On Its Alibaba Stake

19.05.2015

Shares of Yahoo, a company known for its venerable brand, former search market share, and current attempt to become a key mobile shop, fell sharply at the end of trading today. Off more than 7 percent in regular hours, Yahoo took a dive after reports surfaced that the IRS may change how it taxes spinoffs. Read More